Alam may decline further if it fails the test of the psychological RM0.50 support level. A position can be liquidated on a close below the level and supports are expected at RM0.44 and RM0.40. Failure
to break below could see a return of buying support, which will be confirmed on a close above RM0.55. Resistance levels are at RM0.60 and RM0.64.
Source:
OSK
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